Reforming the Industrial World Notebook Response 25-4 College Prep World History Major Topics 4. Reforming the Industrial World A. The Philosophers of Industrialization B. The Rise of Socialism C. Marxism: Radical Socialism D. Labor Unions and Reform Laws E. The Reform Movement Spreads MAIN IDEAS The Industrial Revolution led to economic, social, and political reforms. Many modern social welfare programs developed during this period of reform. Chapter Objective Trace key events of the Industrial Revolution and analyze how these affected economics and politics. Section Objective List the economic, social, and political reforms that arose from the Industrial Revolution. Vocabulary Notebook Response Questions: 10. What were Adam Smith’s three natural laws of economics? 11. What kind of society did early socialists want? 12. Why did workers join together in unions? Laissez-Faire Adam Smith Capitalism Utilitarianism Socialism Karl Marx Communism Union Collective Bargaining Strike
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